Demand From Data Center & Strategic Acquisitions Fuel NRG's Growth
Key Takeaways NRG Energy is acquiring LS Power's 18 natural gas plants, doubling its generation capacity.The company signed 295 MW retail agreements to power Texas data centers by 2026-2030.NRG shares gained 67.5% in six months, outpacing the industry's 5.4% growth.NRG Energy, Inc. (NRG) continues to benefit from a diverse customer base and the ability to retain customers, which enhances its financial performance. The company is set to benefit from its LS Power deal.However, this Zacks Rank #3 (Hold) compan ...